Make the most of falling property prices

The beautiful new development, Orchard House, Hazlitt Drive, in Maidstone, Kent, has some superb properties at amazing prices, and if you are thinking of moving then make the most of it now, as it won’t last! Everyone is aware of the “credit crunch”, but of course nothing is forever, and those who are canny, can make some exceptional purchases.

We all know that from electrical goods to designer dresses prices are falling rapidly but the biggest purchase you will ever make is your house – and it is here that you can make real gains that will last a lifetime.

At Orchard House, a development of 8, three bedroom town houses and 15, one and two bedroom apartments, the superb reductions and schemes to facilitate purchasing can be clearly seen.

For instance the magnificent, three/four bedroom, three storey show home with single garage has been reduced from £319,950 to £299,950 –this is for a brand new home of excellent proportions for under £300,000! And, the property comes with carpets, curtains, light fittings, alarm and turf to rear garden!

Plot 2 is reserved but plot 3 is the same size and style as the show house and is now on the market at just £289,950.

Hillreed Homes has a number of schemes available to aid purchase for serious buyers and this includes up to 15% Shared Equity on plots 19 and 20. Both on the market at £319,950 under the scheme this brings down the initial purchase price to just £271,958.
The three bedroom town houses on three floors really are spectacular. The flexibility of use is tremendous and because you can live on the ground floor or the first floor – or both - you can create your own designer home.

Firstly the architect has divided up the space equally; 50% for living, 50% for sleeping. Secondly, because of the clever layout you can “mix and match” perhaps choosing to use the two bedrooms on the 2nd floor as cinema rooms/games rooms or as a master bedroom. The choice is enormous which makes them really good value for money at a floor area of 1435 sq feet overall.

The second floor is devoted to a sleeping area and provides two good sized bedrooms, (one with fitted wardrobes), plus bathroom. This is perfect for a home with children or teenagers. They have their own “space”, and it is slightly removed from rest of the house!

The first floor has the master bedroom, (again with fitted wardrobes) and benefits from en suite shower facilities. On this floor there is also the 15’10” living room with double opening doors onto a Juliet balcony.

On the ground floor the entrance hall leads directly to the very spacious family dining room, with double opening doors to the private rear garden. Some homes benefit from raised decking.

There is a well fitted kitchen and cloakroom. The house has a single attached garage plus off road parking for a 2nd vehicle.

The homes are offered with a very good specification and there is an opportunity to personalise the home of your choice, subject to stage of build.

Having a home in a centrally located position has many advantages – easy access to trains, buses and motorways which can save time and money if you are a commuter.

Secondly at Orchard House there are a number of schools in the area, a bus stop within a few minutes walk and the delights of the County town of Maidstone.

For more information on the Shared Equity Scheme and other helpful incentives why not visit the sales office on site which is open seven days a week? There is also a splendid show home now open.

Already this month some building societies have reduced their fixed rate loans and tracker mortgages which is a big step in the right direction. In the South East there is always demand for property which will be felt very strongly once the money lenders begin to loan more. If you buy now, within a couple of years your capital investment could have increased dramatically.

There really has never been a better time to buy. Why not seriously look at how you can move and how you can take advantage of the lower house prices. Besides, a dress in a sale is good fun but only lasts a few months – a home is for a lifetime with a far greater increase in your personal worth.

Show house £299,950
Houses from £289,950
Two bedroom apartments from £204,950 (Option for share equity bringing initial price down to £174,208).

For more information, visit Hillreed.co.uk.